Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn -- Ignore unavailable to you. Want to Upgrade?

To: Stephen O who wrote (1338)	5/26/2006 3:52:19 PM
From: beanie	Respond to of 3270

I don't know if these miners have "agendas" when they proclaim prices will stay firm? I recall Phelps Dodge saying no way copper can exceed 1.50 a while back and then proceeded to hedge at 1.90... much to their chagrin. Aren't these pros supposed to know demand and inventory like the backs of their hands? Prefer to keep track of GDPs and urbanization rate in BRICs together with total energy consumption in these countries to gauge demand. Unknowns are still inventory storage in these countries as well as their mining efforts in these areas. I do not believe the stats coming out of China thru their "public relations" dept. Short copper anyone? JMO